If the demand for a firm's product is price inelastic, this implies that Select one or more: O a. price changes have no impact on quantity demanded O b. a 5% rise in price will result in a fall in...

Extracted text: If the demand for a firm's product is price inelastic, this implies that Select one or more: O a. price changes have no impact on quantity demanded O b. a 5% rise in price will result in a fall in quantity demanded of less than 5% O. a rise in price will raise total expenditure on the good O d. a fall in price of 3% will lead to a decline in quantity demanded of more than 3%